Citigroup has reiterated its Buy rating on Array Digital Infrastructure Inc (AD), signaling confidence in the company’s prospects. This marks the initiation of coverage by Citigroup, which comes as Array Digital continues to strengthen its position in the telecommunications sector. The company, headquartered in Chicago, Illinois, operates over 4,400 cell towers nationwide, enabling the deployment of 5G and other wireless technologies.
As of November 25, 2025, Array Digital's stock is priced at $48.09, and the firm boasts a market capitalization of $4.0 billion. The company reported a trailing twelve-month (TTM) price-to-earnings (P/E) ratio of 254.49 and an earnings per share (EPS) of $0.17. Despite a challenging recent earnings performance, including a Q3 2025 EPS of $-0.79 against an estimate of $0.26, the firm’s long-term outlook remains positive, as reflected in the analyst consensus of 3 Strong Buy, 7 Buy, and 3 Hold ratings.
Analyst ratings like this one provide valuable insights into market perceptions, but they should be considered alongside company fundamentals and broader industry trends. While Citigroup's stance suggests a strong belief in Array Digital’s potential, investors should weigh multiple factors in their decision-making process. Analyst opinions can evolve as new information surfaces, highlighting the dynamic nature of market assessments.